Our farm is a beef farm, and it has been for a while. A few years ago, I think when I was 12, I bought sheep. I diversified into sheep.
Sure it's diversification, but I don't think it's done anything. Like, you still have expensive feed, machinery--all of your expenses that go into farming. It's about price. It comes down to the bottom line: the price of what you get when you sell your livestock. If it's not going to subsidize you, or if it's not going to be any higher than what it costs to raise the animal, it's just not worth it.